LP profile · Other
Kunpeng Capital
Kunpeng Capital is a other headquartered in China (Asia). Ranked #285 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- Kunpeng Capital was established in June 2016 as a strategic fund management platform by the Shenzhen Municipal Party Committee and Municipal Government.
- In February 2018, the firm, in partnership with China Merchants Bank, established the Shenzhen Kunpeng Zhaoyin State-owned Enterprise Reform and Strategic Development Equity Investment Fund.
Source of Capital
- The firm is a state-owned capital operation platform.
- The Shenzhen State-owned Assets Supervision and Administration Commission directly holds 99.5% of the company's shares.
Major Events
- In April 2024, the company issued its first corporate bond for 2025, raising 2 billion yuan with a 5-year term.
Allocation Strategy
- The firm's primary business model involves strategic mergers and acquisitions, fund of funds investment and management, direct equity investment, and capital market investments.
- It focuses on supporting the reform of Shenzhen's state-owned enterprises and the city's industrial transformation. The firm also invests in emerging industries.
- Kunpeng Capital manages the Shenzhen State-owned Assets Collaborative Development Fund, a fund of funds that invests in venture capital and private equity funds in China, and also engages in direct investment.
Sources
- http://kpcapital.cn
- https://www.kpcapital.cn/about.aspx?TypeId=1&FId=t1:1:1
- https://www.kpcapital.cn/honor.aspx?TypeID=3&fid=t1:3:1
- https://www.kpcapital.cn/news_view.aspx?TypeId=4&Id=711&Fid=t2:4:2
- https://www.kpcapital.cn/news_view.aspx?TypeId=4&Id=656&Fid=t2:4:2
- https://pitchbook.com/profiles/fund/24119-74F